Meditari Accountancy Research: Volume 12 Issue 2
Table of contents
South African auditors’ policies, practices and perceptions with regard to internet reporting
K. BaracThis paper examines international pronouncements on the audit function and Internet financial reporting and assesses whether the practices and policies reflected in these…
B2B suppliers: Addressing the repudiation of orders in an open account system
R. ButlerSuppliers suffer losses when customers repudiate B2B order transactions in open account systems. Appropriate internal control measures should be implemented to address…
Are auditors law‐abiding citizens?
G. GevaThe auditing and accounting profession must provide appropriate disclosure of the going concern status of an entity, especially when that status is threatened. Auditors have an…
Value‐added tax on new residential properties: A comparative study to establish possible alternatives regarding developers registered for VAT purposes
L. JulyanThis article reports on a study on the value‐added tax (VAT) levied on new residential properties sold to individuals by developers registered for VAT purposes. The objective of…
Quality assurance in internal auditing: An analysis of the standards and guidelines implemented by the Institute of Internal Auditors (IIA)
M. MaraisVia the Institute of Internal Auditors, founded in 1941, the internal auditing profession actively promote the quality of internal auditors and internal audit activities. Since…
Die rekeningkundige verantwoording van skripdividendskemas in Suid‐Afrika
P. Olivier, I. DuRandScrip dividends have become increasingly popular in South Africa since the introduction of secondary tax on companies (STC) in the 1993 budget. To date there is no accounting…
Die openbaarmaking van skripdividendskemas in Suid‐Afrika
P. Olivier, A. van der Merwe, I. DuRandScrip dividend schemes provide shareholders with the option to choose shares instead of a cash dividend. Scrip dividends became popular in South Africa after the introduction of…
Should employee share options be expensed in an entity’s financial statements?
Z.Y. Sacho, H.C. WingardThis paper investigates the debate as to whether employee share options (ESOs) should be expensed in an entity’s financial statements as required by the IASB’s IFRS 2 …
The discretionary powers of the Commissioner for the South African Revenue Service – Are they constitutional?
L. van SchalkwykThe Commissioner for the South African Revenue Service has wide discretionary powers. In this article, the meaning, purpose, types, extent and exercise of these powers are…
Constitutionality and the Income Tax Act – revisited
L. van SchalkwykIn 1994, after the 1993 Constitution had been adopted, the Katz Commission questioned the constitutionality of some provisions of the Income Tax Act. The purpose of this article…